Buy Ripple in India

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About Ripple (XRP)

Unlike Bitcoin blockchain, Ripple does not involve mining, which means no Ripple coins are created when a miner uploads transaction data. Instead, to achieve consensus, multiple parties authenticate Ripple transactions.

Banks and financial institutions prefer Ripple because it can move large amounts of currency promptly and economically. On an average, a typical XRP transaction clears in 4 seconds, whereas a Bitcoin transaction takes roughly an hour.

Buy Ripple with Bitbns

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About Ripple

Launched in 2012, the Ripple network enables "secure, instant and almost free global financial transactions of any size without debiting". It supports any fiduciary currency, cryptocurrency, convenience or any other valuable unit such as air miles, mobile minutes, GPS distances.

Ripple is a protocol for the exchange of currencies that could be defined as an HTTP for money. As HTTP its use is free and unlicensed, like Bitcoin it allows transactions in money. The Ripple protocol is increasingly being adopted by banks and payment networks such as payment infrastructure technology. Of the 50 largest banks in the world, ten are already working with Ripple.